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6 Beds
3 Baths
2,496 sqft

$249,000

9 Academy Place, Gloversville NY, 12078

Price per sqft$99.76
Built in1880
Property size2,496 sqft
Property typeMulti-family

Overview

Active

Listed Oct 30, 2026

Updated 3 days ago

Excellent investment opportunity in the heart of Gloversville! This well-maintained triplex offers numerous upgrades, including new windows, updated kitchens, bathrooms and more. The spacious first-floor apartment features three bedrooms, living room with natural gas stove, formal dining room, updated kitchen and new full bathroom. The second-floor front apartment offers one bedroom, living room and kitchen, while the second-floor rear apartment features two bedrooms, living room, new kitchen and new full bathroom. Additional amenities include a two-car garage and front and rear porches. The entire property is vacant and ready for immediate occupancy, giving the new owner the flexibility to establish their own rental rates and select tenants. With projected rental income of up to $4,000 per month or $48,000 annually, this property offers outstanding income potential. Ideal for seasoned investors looking to expand their portfolio, first-time investors entering the rental market, or owner-occupants seeking to offset their mortgage with rental income. With major improvements already completed, three vacant units and strong projected rental potential, this is an opportunity worth serious consideration. Investors, take notice! Properties offering this level of flexibility and income potential deserve a closer look.

$1,657/mo

Est. mortgage payment based on a $249,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202629297

Interior Features

Bedrooms
6
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$4,628
Tax Frequency
Annually
Garage
Yes

Listed by Chad J Majewski with Chad Majewski Real Estate
Listing Contact: 518-774-0437 

The IDX display contains information sourced from Global MLS as of 11/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/3/2026 at 6:02 AM UTC

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